Forgent Power Solutions, Inc. (FPS) Q4 FY2026 earnings

Reported results

• Fiscal Q4 2026 revenues: $461.7 million (GAAP), up 94% YoY; fiscal 2026 revenues: $1,420.1 million (GAAP), up 89% YoY
• Fiscal Q4 2026 net income: $66.1 million (GAAP), up from loss of $4.8 million YoY; fiscal 2026 net income: $106.0 million (GAAP), up 508% YoY
• Fiscal Q4 2026 Adjusted EBITDA: $112.7 million (non-GAAP), up 163% YoY; fiscal 2026 Adjusted EBITDA: $322.9 million (non-GAAP), up 91% YoY
• Fiscal Q4 2026 bookings: $1,503 million, up 375% YoY with 3.3x book-to-bill ratio; backlog as of June 30, 2026: $3.0 billion, up 256% YoY
• Fiscal Q4 2026 cash flow from operations: $74 million, up $81 million YoY; capital expenditures: $31 million
• Fiscal Q4 2026 Adjusted Net Income (non-GAAP): $77.3 million; fiscal 2026 Adjusted Net Income (non-GAAP): $207.6 million, up 136% YoY

Guidance

• Fiscal 2027 revenues: $2,400–$2,600 million (non-GAAP, representing 76% YoY growth at midpoint)
• Fiscal 2027 Adjusted EBITDA: $575–$625 million (non-GAAP, representing 86% YoY growth at midpoint)
• Fiscal 2027 Adjusted EPS: $1.26–$1.40 (non-GAAP, representing 95% YoY growth at midpoint)
• Fiscal 2027 capital expenditures expected to total approximately $87 million
• Company expects quarterly revenue and Adjusted EBITDA to increase consecutively through fiscal 2027

Notes

The Company completed an IPO in February 2026 during its fiscal year; prior-year periods (2025) include results from pre-IPO structure. Non-GAAP measures (Adjusted EBITDA, Adjusted Net Income, Adjusted EPS) exclude sponsor fees, public company readiness costs, earnout expenses, integration costs, and other non-recurring items. The company announced a $35 million incremental investment in Powertrain Solutions capacity expansion in Tijuana, expected to come online in Q4 fiscal 2027.

Price and volatility reaction

The stock moved +9.5% on the print. No front-expiry chain was on file, so there is no straddle expected move. 30-day ATM implied volatility moved -18.9 vol points across the event (constant-maturity series — not the front-week crush).

Source

The figures above come from the earnings release the company filed with the SEC on 2026-09-15 (8-K, Item 2.02). Read the original filing on sec.gov.